OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-08-31-accounts

REGISTERED CHARITY NUMBER: 1143642

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 FOR PSEUDOMYXOMA SURVIVOR

Harrison Beale & Owen Limited Chartered Accountants Highdown House 11 Highdown Road Leamington Spa Warwickshire CV31 1XT

PSEUDOMYXOMA SURVIVOR

CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 August 2021

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 to 11
Detailed Statement of Financial Activities 12

PSEUDOMYXOMA SURVIVOR

REPORT OF THE TRUSTEES for the year ended 31 August 2021

The trustees present their report with the financial statements of the charity for the year ended 31 August 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

OBJECTIVES AND ACTIVITIES

Objectives and aims

Pseudomyxoma Survivor's main objectives (as set out in the Constitution) are:

Main activities undertaken

The activities that supported the objectives of the Charity during the year were:

In order to support our patients and their caregivers:

In order to promote awareness of pseudomyxoma peritonei, Trustees:

Pseudomyxoma Survivor's purpose and its activities contribute to the public benefit through activities to support these objectives. We are here to help patients understand the treatment options, provide leaflets and online resources that they can trust. We represent the PMP community through links with other rare disease charities, by attending conferences and by supporting events organised to raise awareness of the disease.

We take pride in the stewardship of our donations which we demonstrated through this year with our committed registration with the Fundraising Regulator.

Page 1

PSEUDOMYXOMA SURVIVOR

REPORT OF THE TRUSTEES for the year ended 31 August 2021

Pseudomyxoma Survivor has paid due regard to the Charity Commission's general guidance on public benefit when reviewing its aims and objectives and in planning its future activities.

OUR PEOPLE

Pseudomyxoma Survivor is totally reliant upon volunteers to run and administer the activities of the group. We now have five active Trustees who have a wide range of skills and experience that will enable us to grow and flourish in the future. The Trustees give a huge amount of voluntary time to support the Charity.

Special mention this financial year to all of our volunteers, who help moderate the group and look after the buddies scheme.

Friends of the charity this year that warrant special mention include: Dr Jason Spendelow, Clinical Psychologist, who has also joined us as a medical advisor on our panel, Professor Norman Carr, Pathologist, a current medical advisor for us and Ms Nina Finbow and Mr Nils Blythe who ran a series of after dinner online talks with authors, QC etc including Evan Davies and Griff Rhys Jones.

Page 2

PSEUDOMYXOMA SURVIVOR

REPORT OF THE TRUSTEES for the year ended 31 August 2021

In addition to the Trustees we have a group of volunteers who actively undertake the day to day administration of the Facebook group and a further 60 who volunteer as Buddys on the Buddy scheme.

ACHIEVEMENT AND PERFORMANCE

The Covid-19 pandemic continued throughout this financial year, which meant that the majority of public fundraising events that would normally be held in the second half of our financial year were cancelled due to severe restrictions on public gatherings.

Pseudomyxoma Survivor is entirely reliant upon donations for our income and due to our very generous supporters we have received £73,197 in donations and other income. We are indebted to all of our fundraisers and their families and friends for their generosity.

This has meant that we have been able to consolidate funds to ensure the sustainability of the charity and are now in a position to be planning to commit to research programmes in the future and to have reserves.

Our Facebook support group goes from strength to strength and we have continued support for the pseudomyxoma peritonei community on RareConnect, a Eurordis initiative which provides a multi-lingual support platform for rare diseases.

We have continued to develop a close working relationship with the teams at the Basingstoke and North Hampshire Hospital and The Christie in Manchester which allows us to better support patients and identify research opportunities.

Once again we were able to retain our status with the Great NonProfits organisation.

FUTURE PLANS

Thanks to our very generous donors, we have plans in place to financially support the following initiatives during the financial year 2021/2022:

FINANCIAL REVIEW

We are extremely pleased that we have total funds of £212,506 at the end of the financial year. Through prudence in our activities, we are able to ensure that we will have a reserve in future years. We will do this through our plan which ensures the charity always has reserves to cover our improved grant scheme, basic resources required to keep us ‘in business’ and to attend conferences where we can represent the voice of the PMP community going forward. With appropriate and controlled governance procedures in place, the trustees continue to be confident that grants and awareness activities can increase the value of the charity to the community.

Pseudomyxoma Survivor’s Income and Expenditure is relatively small and consequently the charity does not have sufficient funds to invest in longer term investments such as stocks and shares.

Reserves policy

Through prudence in our activities, we are now in a position to be able to ensure that we have a reserve in future years. We will do this through our plan which ensures the charity has reserves to cover our improved grant scheme, basic resources required to keep us ‘in business’ and to attend conferences where we can represent the voice of the PMP community going forward. With more appropriate and controlled governance procedures in place, the trustees continue to be confident that grants and awareness activities can increase the value of the charity to the community.

Page 3

PSEUDOMYXOMA SURVIVOR

REPORT OF THE TRUSTEES for the year ended 31 August 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity. Trustees are appointed by the existing trustees.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1143642

Principal address 9 Ilmington Close Hatton Park Warwick Warwickshire CV35 7TL

Trustees

Ms A Brook Trustee - Secretary Ms S Oliver Trustee - Chair Ms A Salisbury Trustee – Treasurer Dr G Morgan Trustee Died in June 2021 Mrs C Hancocks Trustee Resigned May 2021 Ms Clare Fletcher Trustee Appointed April 2021 Ms Alison Allam Trustee Appointed May 2021

Independent examiner Mark Ashfield BA FCA Harrison Beale & Owen Limited Chartered Accountants Highdown House 11 Highdown Road Leamington Spa Warwickshire CV31 1XT

Approved by order of the board of trustees on ……………and signed on its behalf by:

............................................. Mrs A Salisbury - Trustee

Page 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PSEUDOMYXOMA SURVIVOR

Independent examiner's report to the trustees of Pseudomyxoma Survivor

I report to the charity trustees on my examination of the accounts of the Pseudomyxoma Survivor (the Trust) for the year ended 31 August 2021.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mark Ashfield BA FCA Harrison Beale & Owen Limited Highdown House 11 Highdown Road Leamington Spa Warwickshire CV31 1XT

Date:

Page 5

PSEUDOMYXOMA SURVIVOR

STATEMENT OF FINANCIAL ACTIVITIES

for the year ended 31 August 2021

2021 2020
Unrestricted Total funds
fund
Notes £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies **73,197 ** 65,429
Total 73,197 65,429
EXPENDITURE ON
Raising funds 2 4,545 5,509
Charitable activities
Grant making 12,358 27,808
Charitable activities 3,618 2,797
Support costs 1,048 761
Total 21,569 36,875
Other - -
Total 21,569 36,875
NET INCOME 51,628 28,554
RECONCILIATION OF FUNDS
Total funds brought forward 160,878 132,324
TOTAL FUNDS CARRIED FORWARD 212,506 160,878

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

The notes form part of these financial statements

Page 6

PSEUDOMYXOMA SURVIVOR

BALANCE SHEET

At 31 August 2021

2021
Unrestricted
fund
Notes
£
CURRENT ASSETS
Debtors
7
150
Cash at bank and in hand
213,841
213,991
CURRENT LIABILITIES
8
(1,485)
NET CURRENT ASSETS
212,506
TOTAL ASSETS LESS CURRENT
LIABILITIES
212,506
NET ASSETS
212,506
FUNDS
9
Unrestricted funds
212,506
TOTAL FUNDS
212,506
2020
Total
funds
£
-
162,401
162,401
(1,523)
160,878
160,878
160,878
160,878
160,878

The financial statements were approved by the Board of Trustees on ….................... and were signed on its behalf by:

............................................. Mrs A Salisbury -Trustee

The notes form part of these financial statements

Page 7

PSEUDOMYXOMA SURVIVOR

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 August 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. RAISING FUNDS

Raising donations and legacies

Just giving
Costs of generating funds
2021
£
1,373
3,172
4,545
2020
£
1,358
4,151
5,509

Page 8

PSEUDOMYXOMA SURVIVOR

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED for the year ended 31 August 2021

3. GRANTS PAYABLE

Grant making
Charitable activities
Support costs
SUPPORT COSTS
Independent examination services
Legal costs
2021
£
12,358
3,618
1,048
17,024
2021
£
1,020
28
1,048
2020
£
27,808
2,797
761
31,366
2020
£
570
191
761

4. SUPPORT COSTS

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2021 nor for the year ended 31 August 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2021 nor for the year ended 31 August 2020.

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies 65,429
Total 65,429
EXPENDITURE ON
Raising funds 5,509
Charitable activities
Grant making 27,808
Charitable activities 2,797
Support costs 761
Total 36,875
Other -
Total 36,875
NET INCOME 28,554
RECONCILIATION OF FUNDS
Total funds brought forward 132,324
TOTAL FUNDS CARRIED FORWARD 160,878

Page 9

PSEUDOMYXOMA SURVIVOR

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED for the year ended 31 August 2021

7. CURRENT ASSETS

2021
£
Trade debtors
150
150
8.
CURRENT LIABILITIES
2021
£
Trade creditors
465
Accruals and deferred income
1,020
1,485
9.
MOVEMENT IN FUNDS
At 1.9.20
Net
movement in
funds
At
£
£
Unrestricted funds
General fund
160,878
51,628
TOTAL FUNDS
160,878
51,628
2020
£
-
-
2020
£
983
540
1,523
31.8.21
£
212,506
2020
£
-
-
2020
£
983
540
1,523
212,506

Net movement in funds, included in the above are as follows:

Incoming Resources
Movement in
resources expended funds
£ £ £
Unrestricted funds
General fund 73,197 (21,569) 51,628
TOTAL FUNDS **73,197 ** (21,569) 51,628

Page 10

PSEUDOMYXOMA SURVIVOR

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED for the year ended 31 August 2021

9. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Comparatives for movement in funds
Net
movement in
At 1.9.19 funds At 31.8.20
£ £ £
Unrestricted Funds
General fund
132,324
28,554 160,878
TOTAL FUNDS
132,324
**28,554 ** 160,878
Comparative net movement in funds, included in the above are as follows:
Incoming Resources
Movement in
resources expended funds
£ £ £
Unrestricted funds
General fund
65,429
(36,875) 28,554
TOTAL FUNDS
65,429
(36,875) **28,554 **

10. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 August 2021.

Page 11

PSEUDOMYXOMA SURVIVOR

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 August 2021

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Other Income
Total incoming resources
EXPENDITURE
Raising donations and legacies
Just giving
Costs of generating funds
Charitable activities
Postage and stationery
Awareness raising
Bank charges
Travel & subsistence
Membership & Subscriptions
Telephone
Patient support services
Grants
Other
Depreciation of tangible fixed assets
Support costs
Governance costs
Auditors' remuneration
Accountancy and legal fees
Total resources expended
Net income
2021
£
67,901
5,296
73,197
73,197
1,373
3,172
4,545
1,105
637
43
59
197
27
1,550
12,358
15,976
-
1,020
28
1,048
21,569
51,628
2020
£
46,473
18,956
65,429
65,429
1,358
4,151
5,509
1,507
19
20
753
412
10
76
27,808
30,605
-
570
191
761
36,875
28,554

This page does not form part of the statutory financial statements

Page 12